Foley Hoag's Nuclear Plant Decommissioning Group provides focused services to the fastest growing sector of the nuclear industry. Our attorneys represent a unique blending of industry-leading expertise in energy, finance and regulation with extensive involvement in electric generation via natural gas, coal, nuclear and renewable resources. The group is comprised of individuals with decades of experience working with clients to plan, finance and successfully complete large-scale infrastructure projects, including many related to energy generation, decommissioning and deconstruction, and transportation.
Members of the Nuclear Plant Decommissioning Group are conversant with the complex processes by which electric utilities are divesting old nuclear plants to acquirors that will deconstruct generation facilities on an accelerated timetable - all while managing the safe and secure disposal of nuclear fuel and fuel assemblies. We provide advice as to:
- Regulatory issues attendant to a successful transfer application to the Nuclear Regulatory Commission
- Financial risks associated with the use of nuclear decommissioning trusts to provide funding for the project
- Environmental and other issues related to land use and permitting
- Optimal structuring of nested special purpose vehicles, from operating, risk, governance and tax perspectives